Airbnb has been a poster child for the “shared economy” era of travel in which we find ourselves today. The company made headlines for a variety of reasons over the summer, but not all of the press was positive in nature. Legal proceedings in two of the country’s largest states (California and New York) put a bit of a damper on news that the startup reached a $10 billion valuation. Continue reading
Travelers who are looking for vacation rental options across the globe are turning to HomeAway, and who could blame them? The company just announced that it currently has more than 1 million vacation rentals listings across their various outlets (Homeaway.com, VRBO.com, etc.). However, thanks to a new agreement with Expedia, it will be even easier for travelers to find HomeAway rentals online. Continue reading
Despite the fact that OTA’s like Orbitz and Travelocity are now responsible for about 70% of travel booking in the United States today, the individuals who work out of the brick-and-mortar travel agencies are reporting booming sales according to a recent Los Angeles Times article.
A recent survey by the American Society of Travel Agents, which represents nearly 6,00 travel agents across the country, found that most travel agents found that their revenues, bookings, and total number of clients are up in the first half of 2014 compared with the same period last year. Here are some key statistics from that survey: Continue reading
When you think about the United States, a few images pop into mind: an apple pie, the Statue of Liberty, perhaps the Washington Monument, and even the Hollywood sign. Apparently the next image to add to this list is a golf course. Continue reading
The old guard of travel companies – Expedia, Priceline, Orbitz – have seemingly been in a holding pattern since the late 1990’s when it comes to technological innovation. These companies were slow when it came to moving to mobile, and have also been slow when it comes to redesigning “outdated” websites.
Now Expedia is taking a major step and one that it hopes will capture more travelers and make searching for travel accommodations a less industrial experience and a more sensual one. The company previewed its new tablet app, which focuses on striking, large scenic visuals, at a recent launch event in San Francisco. Continue reading
Millennials represent the next prized demographic for the travel and hospitality industries. This group, made up of those individuals age 18-34, is looking for an experience, and may not be satisfied with a standard hotel stay. To millennials, personalization is a great way to develop brand loyalty, and a one of a kind experience is the golden ticket to repeat business for your property. Continue reading
Consolidation in the travel industry has become as common as picking up a daily newspaper for some companies. TripAdvisor recently announced its most recent acquisition, a $200 million deal for tours and activities provider Viator, which is the company’s fourth move of 2014. Continue reading
Metasearch is one of the hottest trends in the travel industry today. It’s so hot that Skift, a leading travel industry news leader, released a report detailing what is coming next for the travel industry in terms of metasearch.
Why is Metasearch so Hot Right Now?
According to a DataFox, travelers made on average 21 visits to different travel websites before finally booking a trip, with many reporting that it was extremely tedious and time-consuming. Continue reading